Overview: In February 2021 Aichi exported ¥1.18T and imported ¥503B, resulting in a positive trade balance of ¥674B. Between February 2020 and February 2021 the exports of Aichi have decreased by $-117B (-9.01%) from ¥1.29T to ¥1.18T, while imports increased by ¥61.6B (13.9%) from ¥442B to ¥503B.
Trade: In February 2021, the top exports of Aichi were Cars (¥351B), Vehicle Parts (¥171B), Commodities not elsewhere specified (¥24.9B), Thermostats (¥21.2B), and Engine Parts (¥18.5B). In February 2021 the top imports of Aichi were Petroleum Gas (¥45B), Cars (¥38.5B), Insulated Wire (¥19.8B), Crude Petroleum (¥18.8B), and Raw Aluminium (¥17.5B).
Destinations: In February 2021, Aichi exported mostly to United States (¥301B), China (¥189B), Thailand (¥62.8B), Australia (¥45.1B), and Canada (¥33B), and imported mostly from China (¥136B), United States (¥55.3B), Thailand (¥36.1B), Vietnam (¥26.7B), and Australia (¥25.6B).
Growth: In February 2021, the decrease in Aichi's year-by-year exports was explained primarily by an decrease in exports to United States (¥-38.4B or -11.3%), China (¥-14.1B or -6.94%), and Russia (¥-7.49B or -24%), and product exports decrease in Cars (¥-71.5B or -16.9%), Aircraft Parts (¥-14.9B or -57%), and Buses (¥-10.4B or -49.5%). In February 2021, the increase in Aichi's year-by-year imports was explained primarily by an increase in imports from China (¥80.9B or 148%), Australia (¥7.27B or 39.7%), and Thailand (¥5.79B or 19.1%), and product imports increase in Petroleum Gas (¥11.1B or 32.6%), Vehicle Parts (¥3.72B or 33.2%), and Raw Aluminium (¥3B or 20.7%).